
(ShareCast News) - Analysts at Societe Generale have upgraded Coca-Cola HB to 'hold' from 'sell' after the beverage company posted strong first half results. In a note, analyst Andrew Holland said Societe Generale has a 1,460p 12-month price target on the stock. Margin growth was forecast by Societ
(ShareCast News) - The Financial Times' Lex said investors don't need to worry about bad publicly from Nestle's Indian noodle recall - yet. Lex said Nestle's locally listed subsidiary's shares had already recovered by about a third of their initial fall. At group level, the impact is heavily dilute
(ShareCast News) - London's top flight index was up 0.3% at 6,593 at 1415 BST, recovering from two consecutive days of losses as worries about a slowdown in China abated. Coca-Cola HBC was the standout gainer after the bottling firm posted a 31.7% rise in first-half net profits to €125.2m, even as s
(ShareCast News) - UK equities were on the front foot as China's central bank defended its devaluation of the yuan and as Greece delivered surprise economic growth in the second quarter. The People's Bank of China devalued the yuan for the third consecutive day on Thursday. The Bank set the parity r
(ShareCast News) - Bottling firm Coca-Cola HBC posted a 31.7% rise in first-half net profits to €125.2m, although sales fell by 1% to €3.15bn due to an adverse impact from currencies. The company said comparable earnings before interest and tax (EBIT) were €219.0m - up 31.2%, leading to a 170 basis